Lake Placid See all listings

1991 Saranac Avenue, Lake Placid, NY 12946

$1,650,000

MLS# 162737

2.31 acres

19,000 sq. ft


Listing Courtesy of: Merrill L. Thomas, Inc.

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Overview

Rare investment opportunity with long term tenants and future potential in a highly visible traffic corridor in Lake Placid, NY. A unique combination of commercial businesses, vacation rentals and long term rental apartments make this property extremely unique. Many recent renovations to vacation rental properties and miniature golf course have enhanced the value of this property tremendously. Current gross income exceeds $230,000 however miniature golf course is family run and rent is low. Financials will be provided to qualified buyers.

Details & Amenities

Listing Details

  • MLS #: 162737
  • Status: Expired
  • Date Listed: 05-24-2018
  • Sq. Ft: 19,000
  • Acreage: 2.31
  • Seasonal Property: No
  • Listing Agent: Nicholas Politi
  • Listing Courtesy of: Merrill L. Thomas, Inc.

Interior Features

  • Heating Type: Baseboard, Electric
  • Air-conditioning Type: None

Exterior & Lot Features

  • Area: None
  • County: Essex
  • Town: Lake Placid
  • Township: N Elba
  • School District: Lake Placid
  • Views: Commercial, Mountain(s)
  • Lot Features: Paved
  • Lot Size Area: 2.31
  • Road Type: Paved

Building & Construction

  • Tax Map #: 42.6-4-12.1
  • Annual Taxes: $22,466
  • Year Built: 1920
  • Parking Features: Assigned, Parking Lot
  • Exterior Siding: Frame, Wood Siding
  • Roof Type: Composition
  • Foundation Details: Poured
  • Electric AMP: Other
  • Features: Fitness Center, Kitchen